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Apple tests new iPhone price threshold at $999

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Apple’s new iPhone X will cost $999 but will not ship until November, it said at an event on Tuesday, testing both the patience and price sensitivity of its customers.► Subscribe to FT.com here: http://bit.ly/2r8RJzM ► Subscribe to the Financial Times on YouTube: http://bit.ly/FTimeSubs For more video content from the Financial Times, visit http://www.FT.com/video Twitter https://twitter.com/ftvideo Facebook https://www.facebook.com/financialtimes

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